Tag Archives: Real Estate

Southern California’s housing market suffered a slight drop in September, as sales were down nearly one percent year-over-year. Overall, 20,927 new and resale houses and condominiums were sold in the six-county region last month compared with 21,093 in September 2015, according to data released Wednesday by CoreLogic in Irvine. Despite …

A retail site in Moreno Valley that is anchored by an El Pollo Loco restaurant has been sold. The property, at 15135 Perris Blvd, sold for $1.62 million, according to a statement released Tuesday by Ferris Lee Investments. Opened two months ago, the 2,975-square-foot project is at Perris Boulevard and …

The South Coast Air Quality Management District has settled two lawsuits connected with the planned World Logistics Center in Moreno Valley. Developer Highland Fairview will pay an extra air quality improvement fee of 64 cents per square foot for each of the buildings in the massive warehouse-distribution operation, according to …

The Inland Empire office market just registered its strongest quarter in more than three years. Lease rates were stable during the third quarter, dropping only two cents from the previous three months to $1.85 per square foot, according to CBRE Group Inc. The region’s vacancy rate still has some ground …

Cash sales of Inland Empire homes were essentially unchanged in July, according to data released Wednesday. Cash transactions accounted for 23.2 percent of all homes sold in Riverside and San Bernardino counties during that month, a year-over-year drop of 0.6 percent, Irvine-based CoreLogic reported. That was below the national rate, …

A retail building that houses national and regional tenants has been sold. The property, which is part of the Hesperia Marketplace Shopping Center at Main Street and Escondido Avenue, sold recently for $8.5 million, according to Hanley Investment Group Real Estate Advisors in Corona Del Mar. Pacific Development Group in …